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Danvers, IL vs East Gillespie, IL

80
Danvers
Illinois
VS
+15.8%
69
East Gillespie
Illinois

There is a significant gap in the cost of living between these two cities. East Gillespie is 15.8% cheaper than Danvers. With a cost index of 69 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from East Gillespie to Danvers should plan for substantially higher expenses across most categories.

On the housing front, median rent in Danvers is $1,147/month compared to $840/month in East Gillespie — a 37% difference. Home values follow the same pattern: East Gillespie is more affordable at $125,000 median vs $156,500.

Median household income in Danvers is $66,964 compared to $64,167 in East Gillespie (+4.4%). Danvers does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Danvers spend roughly 20.6% of their income on rent, more than the 15.7% in East Gillespie.

Income & Cost

Cost of Living Index
Danvers
80
East Gillespie
69
14% cheaper
Median Household Income
Danvers
$66,964
4% higher
East Gillespie
$64,167

Housing

Median Rent
Danvers
$1,147
East Gillespie
$840
27% cheaper
Median Home Value
Danvers
$156,500
East Gillespie
$125,000
20% cheaper
Population
Danvers
951
East Gillespie
325

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Danvers $2.85
East Gillespie $3.03
US $3.07
🥚
Eggs (grade A, large)
Danvers $2.33
East Gillespie $2.47
US $2.50
🥛
Milk (whole)
Danvers $3.75
East Gillespie $3.97
US $4.03
🍞
Bread (white)
Danvers $1.72
East Gillespie $1.83
US $1.85
🍗
Chicken breast
Danvers $3.86
East Gillespie $4.09
US $4.14
Electricity
Danvers $0.16
East Gillespie $0.15
US $0.19